The Indian Express The Financial Express Latest News Elections '98 Express Investment Week Market Indicators Screen Express Computers Travel & Tourism Advertisers Forum Information Technology Drumbeat: Ad Buzzaar Astrosurf Eco-India Career India Business Forum Match Maker Express Properties

Corporate Economy Expressions Markets Leisure Sunday, March 29, 1998   Skindia GDR index gains by 1.65% Reflecting the wait & watch attitude of the market makers the Skindia GDR index continued to fluctuate in the narrow band of 936 points and 952 points, during the week ended March 26. The index finally closed at 952.44 points registering a gain of 1.65%.   Sensex will move up: Damani The Bombay Stock Exchange (BSE) president MG Damani hopes the stock market will turn bullish over the end of political uncertainty at the centre with the BJP-led government winning the confidence vote. Hoarding tendency spurs edible oils; wheat subdued Edible oil prices, on the Delhi market started boiling amidst tight supply position from Rajasthan and Haryana coupled with hoarding tendency on Saturday. Meanwhile cottonseed oil recorded a sharp rise of Rs 100 at Rs 3750 and mustard oil flared up by Rs 70-100 at Rs 3600-3650 a quintal. Groundnut and sesame oils moved up by Rs 20-50 a quintal. Want a ride to the bank? Take a two-wheeler scrip! Bucking an overall downtrend in the economy and the stock markets, shareholders of two-wheeler companies have become richer by over Rs 2,000 crore during the current financial year - at least on paper. The aggregate market capitalisation of the seven listed two-wheeler companies is now poised to race past the Rs 11,000 crore mark, for the first time during this calendar year.   # HEAD_5 # HEAD_6